Lead Operational Risk Officer

About this role:

Wells Fargo is seeking a member of Independent Risk Management (IRM) aligned, the employee will involve extensive engagement with partner and stakeholder groups including front line teams, Independent Risk Management, Operational Risk Business Oversight, governance bodies, and internal audit, to ensure end-to-end coverage.

This senior position will drive and enhance the current reporting and monitoring activities of DMRO by directing, developing, and mentoring junior onshore and offshore team members expanding capabilities in risk reporting, analytics, and insight.

In this role, you will:

• Develop clear risk analysis and IRM points of view of data management risk (and other risks) inherent in the work to implement and execute the data initiatives, the design effectiveness of controls and a clear view of residual risk.
• Perform IRM oversight of identified areas of high priority data management risk.
• Identify gaps, issues, concerns and/or identify challenges as warranted.
• Drive and contribute to the production of results, findings and reports of independent oversight and effectively deliver to leadership.
• Participate with senior and executive leadership, to provide visibility to data risk management and remediation activities and provide a holistic profile of the firm’s progress.
• Perform analysis to generate actionable insights (KRIs, Data Defects, Data Controls and Data Management Procedures)
• Generate reporting visuals and/or commentary (KRIs, Data Defects, Data Controls and Data Management Procedures)
• Extract and process data from multiple systems to prepare data for analysis & reporting (Issues, RCSA, KRIs, Data Defects, Data Controls, and Procedure implementation)
• Perform in depth analysis and provide insights of RCSA results for Data Management Risk to drive action by Front Line risk owners and Independent Risk Management partners.
• Develop and provide reporting for leader updates and awareness of key RCSA themes. Provide lessons learned, topics addressed, etc. from RCSA execution.
• Develop and provide reporting for leader updates and awareness of key Data Issue themes.
• Perform analysis to generate actionable insights (KRIs, Data Defects, Data Controls and Data Management Procedures)
• Generate reporting visuals and/or commentary (KRIs, Data Defects, Data Controls and Data Management Procedures

Required Qualifications:

• 5+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Strong knowledge of RCSA, KRIs and other operational risk management principles
• Subject matter expertise on data management and data governance
• Demonstrated capabilities to develop effective relationships at senior and executive levels across different stakeholder groups.
• Significant risk assessment and analytics experience

• Preparing and delivering complex risk data in a way that is concise and understandable.
• Ability to analyze data to generate insights.
• Experience sourcing data from multiple sources

• Advanced Excel, Power Query/BI, MS Access/SQL, Tableau, PowerPoint,
• Basic SharePoint
• Attention to detail, organization skills.
• Ability to prioritize multiple competing deliverables to meet deadlines.

• Ability to identify key areas of focus and deliver actionable insights based on output and analysis.
• Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
• Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
• Problem solving, root cause analysis, monitoring data management issue or similar experience in continuous improvement of processes, controls, data management solutions.
• Attention to detail, organization skills.

• Ability to prioritize multiple competing deliverables to meet deadlines.

• Master of Business Administration degree

Other Desired qualifications

• Experience creating and maintaining job aids.
• Advanced Degree preferred (Masters, MBA, or JD)

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.